Date:23/11/2005 URL: http://www.thehindubusinessline.com/2005/11/23/stories/2005112302771500.htm

Back UTI declares 50% on MNC Fund

Our Bureau

Mangalore , Nov. 22

UTI-MNC Fund, which invests mainly in multinational companies, has declared a dividend of 50 per cent.

A press release by UTI Mutual Fund said here on Monday that the dividend is Rs 5 per unit on face value of Rs 10. The record date for the dividend is December 12.

All unit holders registered under the dividend option of UTI-MNC Fund, as on December 12, will be eligible for this dividend. Those who join the dividend option of the scheme on or before the record date will also be eligible for the dividend, the release said.

On November 18, the NAV under dividend option was Rs 26.97.